Oh, the stories are true, at least some of them. I run a shopping cart
service and many of my clients take PayPal. I have heard from several
of them stories not unlike those on the paypalsucks site. These are
businessmen who run a going business and at least one reported getting
his account drained of funds by them. Also I remember when Ron Paul was
trying to run for the president in 2004, he needed to raise a bunch of
money to get a recount, and there was a PayPal campaign to raise the
money. The deadline was in a couple of days and he easily raised it,
but PayPal froze the funds until after the deadline so they prevented
the recount against the wishes of everyone who sent their money to allow it.
Marshall
On 10/19/2012 1:51 PM, jaxi wrote:
I think there are people who would try to convince you anything and
everything is bad and you shouldn't partake of any of it in any way.
In fact there are a great many who would say and do say such things
about EIS.
I think they are whack - and I think the majority of this paypal scare
stuff is whack too. (whack in this context meaning BS, not true,
people making stuff up)
I have had a paypal account since pretty close to when paypal
started. It is attached to my bank account and one of my credit
cards. There are some tricks to using it if you want to avoid fees,
but for most person to person transactions you can avoid all fees
unless the person paying is using a credit card - and then there are
ways to ensure the person paying accepts the fees. This is not
unreasonable as the credit card companies charge those fees to use
credit cards - all merchants who take credit cards have to pay them
one way or another. I have never had a lick of trouble with paypal.
I started using it because of ebay stuff back in ... the late 90s if
memory serves ... so close to 15 years ... no trouble at all. It has
allowed me to accept payment from people all over the world for a
variety of items, handled the exchange of currency for me and made
shifting the funds to my bank account easy. They have never "drained"
any money from any account.
I suspect most of the stuff that happens is because of people doing
dumb things - for example agreeing to something that charges a monthly
fee and not realizing they have done so - people do this with credit
cards too - example - netflix. I believe that facebook has some
sneaky stuff where if you agree to pay for something with paypal
(people who play those games and actually give them money) it enters
you into a one click agreement sort of thing for future purchases
unless you cancel that part - so it could be easy to accidentally
"buy" something you didn't mean to. Paypal isn't intrinsically the
problem here - dumb consumers are - IMO. I do not hook my paypal up
with anything that incurs a recurring monthly fee or could be paid
with a 1 click payment. I won't let Amazon do that 1 click purchasing
crap either.
Jaxi
On Fri, Oct 19, 2012 at 12:27 PM, sol <[email protected]
<mailto:[email protected]>> wrote:
I think I will simply stop purchasing anything from anywhere that
requires me to use paypal as the credit card processor.
sol
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